372.50 NET TAXABLE ACRES – SELLING IN 3 TRACTS

Location of Auction: Lakin Community Center – 61321 315th St, Malvern, IA 51551

ONLINE BIDDING LINK: https://alhughesauction.hibid.com/catalog/494151/chariot-farms-llc-public-land-auction

TRACT 1 INFO: 77 ACRES
FARM #639 | TRACT #884
FARMLAND: 76.78
CROPLAND: 75.14
DCP CROPLAND: 75.14
TAXES: $34.94 PER ACRE
CORN BASE ACREAGE: 38.4
PLC YIELD: 158
BEAN BASE ACREAGE: 35.7
PLC YIELD: 49
TOTAL BASE ACREAGE: 74.1
CSRII: 90
PART OF SEC. 6-70N-40W, FREMONT CO
Directions to Tract 1: 1/2 mile North of Imogene, IA, then drive 2.5 miles West on 110th St. The farm is located on the corner of 110th St and 370th Ave in Fremont County. Signs will be posted.

TRACT 2 INFO: 235 ACRES
FARM #3735 | TRACT #335
FARMLAND: 232.32
CROPLAND: 221.09
DCP CROPLAND: 212.09
TAXES: $34.09 PER ACRE
CORN BASE ACREAGE: 119.6
PLC YIELD: 139
BEAN BASE ACREAGE: 89.4
PLC YIELD: 42
TOTAL BASE ACREAGE: 209
CSRII: 74.1
PART OF SEC. 31-71N-40W, MILLS CO
Directions to Tract 2: 7 miles South of Hastings, IA on 360th St. Then 1/4 mile East on Rains Ave. Signs will be posted.

CRP INFO:
CP21 – 1.62 acres thru 2029 @ $201/acre
CP21 – 2.30 acres thru 2029 @ $201/acre
CP21 – 3.62 acres thru 2029 @ $201/acre

TRACT 3 INFO: 60.5 ACRES
FARM #1764 | TRACT #848
FARMLAND: 58.01
CROPLAND: 58.01
DCP CROPLAND: 58.01
TAXES: $30.80 PER ACRE
CORN BASE ACREAGE: 37
PLC YIELD: 151
BEAN BASE ACREAGE: 18.6
PLC YIELD: 46
TOTAL BASE ACREAGE: 55.6
CSRII: 73.7
PART OF SEC. 32-72N-41W, MILLS CO
Directions to Tract 3: This farm is located on the South edge of Malvern. Pull in the driveway at 61321 315th St. and drive East. Signs will be posted.
**farm will be accessed by easement

AUCTIONEER’S NOTE: This auction will not disappoint. The 3 farms selling have one thing in common: quality. Tracts 1 boasts the best soil types in the state. The size of Tract 2 makes this farm attractive. Tract 3 borders the Mills County Fairgrounds to the West with gentle rolling slopes. Please call if you would like more information on any of these top-notch SW IA farms.

SELLER: Chariot Farms LLC

METHOD OF AUCTION: Farm will be sold on a dollar per acre basis to be multiplied by the net taxable acres.
TERMS: 10% down day of auction with balance due at closing on or before December 22, 2023. Abstracts will be provided.
ACCEPTANCE OF BIDS: Successful bidders will enter into a purchase contract at the auction site immediately following the auction. All bids are subject to seller’s approval. Your bidding is not subject to financing, so financing must be arranged prior to auction.
POSSESSION: At closing. Subject to tenant’s rights. Farming possession will be March 1, 2024.
AGENCY: Auctioneer Allan Hughes & Jim Hughes Real Estate are agents for & represent the sellers. All bidders will be considered customers, not clients.

ONLINE BIDDING LINK: https://alhughesauction.hibid.com/catalog/494151/chariot-farms-llc-public-land-auction